Highway 50 Gold Corp
Highway 50 Gold Corp. engages in the acquisition, exploration, and evaluation of assets in Canada and the United States. The company explores for gold deposits. It holds interest in the Gold Knob project that consist of 589 unpatented claims located in Winnemucca, Nevada. The company was formerly known as Tatmar Ventures Inc. and changed its name to Highway 50 Gold Corp. in July 2011. Highway 50 … Read more
Highway 50 Gold Corp (HGGCF) - Total Assets
Latest total assets as of September 2025: $5.38 Million USD
Based on the latest financial reports, Highway 50 Gold Corp (HGGCF) holds total assets worth $5.38 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Highway 50 Gold Corp - Total Assets Trend (2013–2024)
This chart illustrates how Highway 50 Gold Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Highway 50 Gold Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Highway 50 Gold Corp's total assets of $5.38 Million consist of 2.1% current assets and 97.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.4% |
| Accounts Receivable | $2.00K | 0.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how Highway 50 Gold Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Highway 50 Gold Corp's current assets represent 2.1% of total assets in 2024, a decrease from 24.2% in 2013.
- Cash Position: Cash and equivalents constituted 1.4% of total assets in 2024, down from 23.2% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 0.2% of total assets.
Highway 50 Gold Corp Competitors by Total Assets
Key competitors of Highway 50 Gold Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
Highway 50 Gold Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Highway 50 Gold Corp generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Highway 50 Gold Corp is currently not profitable relative to its asset base.
Highway 50 Gold Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 55.39 | 0.08 | 0.72 |
| Quick Ratio | 55.39 | 0.08 | 0.72 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $3.62 Million | $ -621.82K | $ -56.63K |
Highway 50 Gold Corp - Advanced Valuation Insights
This section examines the relationship between Highway 50 Gold Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.22 |
| Latest Market Cap to Assets Ratio | 1.37 |
| Asset Growth Rate (YoY) | 8.3% |
| Total Assets | $1.35 Million |
| Market Capitalization | $1.85 Million USD |
Valuation Analysis
Above Book Valuation: The market values Highway 50 Gold Corp's assets above their book value (1.37 x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Highway 50 Gold Corp's assets grew by 8.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Highway 50 Gold Corp (2013–2024)
The table below shows the annual total assets of Highway 50 Gold Corp from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.35 Million | +8.33% |
| 2023-12-31 | $1.25 Million | -74.31% |
| 2022-12-31 | $4.85 Million | -3.67% |
| 2021-12-31 | $5.04 Million | +22.29% |
| 2020-12-31 | $4.12 Million | +11.14% |
| 2019-12-31 | $3.71 Million | +1.70% |
| 2018-12-31 | $3.64 Million | -9.29% |
| 2017-12-31 | $4.02 Million | +16.38% |
| 2016-12-31 | $3.45 Million | -9.22% |
| 2015-12-31 | $3.80 Million | -9.07% |
| 2014-12-31 | $4.18 Million | +85.10% |
| 2013-12-31 | $2.26 Million | -- |